Global Financial Crises: Capitalism is going down

[*chix*]

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As threats of a looming global economic recession now comes close to reality, an international marketing company believes that financial education for all is the key to counter these threats.
International Marketing Group (IMG), a marketing company dedicated to serving the financial needs of individuals believes that financial education will offset the fears brought about by the ongoing financial crisis.
IMG president and CEO Jose Enrique R. de Las Peñas underscored the huge significance of financial education most especially in today's global economic volatility when everyone is in fear of the negative prospects of the future.
"What people need right now in these times of financial turbulence is financial education. They have to increase their financial knowledge so that they will not be affected so much by fear of the uncertainty," said de Las Peñas.
He stressed that it is a misconception that financial education should only be limited to the elite or the well-educated.
"Everyone of us has their equal rights to be wealthy. Without proper financial education one will commit a lot of mistakes in his or her life. The lack of education is keeping some of us unequipped to the possible effects of the crisis," he added.
He said that their seminars and their membership is not only limited to the upper class segment of the population, in fact they have a mixed group of individuals from doctors, engineers, teachers, to regular employees in their membership base.
De Las Peñas said that after the issues about the current financial crisis broke, they have noted a significant increase of their business, which shows that people now start to look for better financial guidance.
He said that at the height of today's financial crisis, many companies from industries such as IT, electronics and education have sought their financial guidance.
“A lot of businesses are already facing fears and signs that their companies might not survive the crisis. They ask our help to educate them and help them build their financial foundation,” said De Las Peñas.
IMG CEO Noel A. Arandilla on the other hand said that in the conference, most noted that there is no reason to fear even amidst this current global crisis.
"Fear of the uncertainty of the economy could be battled through financial education. With this, you can take positive, proactive and informative actions and will not be in a panic mode wherein you cannot do right decisions," he added.
Arandilla also underscored the value of saving as an effective way to assure one's future especially in today’s crisis.
"You have to make sure that you have plans on how you save your money because there are people who have plans to get your money. There has to be a long term perspective of saving. We want to build a new industry here in the Philippines. We want to help Filipinos become more aware of financial education so that they can weather whatever problems that will occur,” he said.
International Marketing Group is an affiliate of the World Finance Group and currently, they have around 30,000 members.
It is one of the biggest and fastest growing financial distribution companies in the US, Canada, Taiwan, Hong Kong, Philippines and going worldwide and it had established agreements with many of the world’s leading financial services companies to a broad array of financial products & services.

[The_Child]

If so, then kindly rebutt point by point as to why it's so passe'.

i can, but its unfair in my part. Copy paste ra ka ni joma, nya imo kong pa rebuton anang kataas sa iyang giyawyaw nga same old, useless horse piss, pardon my french he and the ideological marxists of this country has been yawyaw-ing for the last decades. Unless of course, mohatag ko ug imong kaugalingong statement i will point by point, if i disagree with it, rebut it.




suffice to say, that mass movements are no longer adequate.
the ideological marxist analysis is no longer adequate.

the system has evolved to something beyond the classical perspective many old guards from the left has stuck their brains into.


if you read your Marx right, what is the sole motivation for the creation of commodities or production?

needs right?

now what classical ideological dogmatic old "marxists" could not understand is the evolution of this analysis. True, needs continues to be important, but they no longer are the engines to production, they are no longer the primary reason for production, so what is?

'artificial needs' !

needs are no longer concrete, they are created, not by a necessity but through wants. there is a reversal here, consumers dictates what is "needs" and in this vicious circle, with contemporary media, we could no longer trace a concrete need, ergo, we could no longer determine why we produce. and yet we continue to produce.

How does the workers mass mobilization suppose to be effective? we are no longer seeing a classical proletariat v. bourgeosie, it has become more complex than that, workers themselves are the consumers, and being so, places themselves within the vicious circle that they want to protest against.


also, there is communication theory which the old guards were not able to conceive. another strike against them.
anyways....

that good sir, is why, it is so passe.

[HenryLiwanag]

Hi Jerry Michael - I would like to bring up my question again which you did not answer.

Very promising text in the site Jerry Michael but very general in context. How do you think can we measure success based on your 12 points program? Can you be more specific as to the handling of the conflict in Mindanao? Assuming the armed struggle succeeds? what will you do with those who will not embrace the system? Do you honestly believe the rallies and the strikes will stop by then?

[unsay_ngalan_nimo]

i can, but its unfair in my part. Copy paste ra ka ni joma, nya imo kong pa rebuton anang kataas sa iyang giyawyaw nga same old, useless horse piss, pardon my french he and the ideological marxists of this country has been yawyaw-ing for the last decades. Unless of course, mohatag ko ug imong kaugalingong statement i will point by point, if i disagree with it, rebut it.




suffice to say, that mass movements are no longer adequate.
the ideological marxist analysis is no longer adequate.

the system has evolved to something beyond the classical perspective many old guards from the left has stuck their brains into.


if you read your Marx right, what is the sole motivation for the creation of commodities or production?

needs right?

now what classical ideological dogmatic old "marxists" could not understand is the evolution of this analysis. True, needs continues to be important, but they no longer are the engines to production, they are no longer the primary reason for production, so what is?

'artificial needs' !

needs are no longer concrete, they are created, not by a necessity but through wants. there is a reversal here, consumers dictates what is "needs" and in this vicious circle, with contemporary media, we could no longer trace a concrete need, ergo, we could no longer determine why we produce. and yet we continue to produce.

How does the workers mass mobilization suppose to be effective? we are no longer seeing a classical proletariat v. bourgeosie, it has become more complex than that, workers themselves are the consumers, and being so, places themselves within the vicious circle that they want to protest against.


also, there is communication theory which the old guards were not able to conceive. another strike against them.
anyways....

that good sir, is why, it is so passe.

hehehehe.. sakto gyud!!!

[gareb]

capitalism has a lot of different flavors, depending on your political persuasion.

lunod-patay right-wingers would naturally gravitate towards something with the most minimal or non-existent regulations/interventions. a "free-for-all" boodle fight, resembling laissez faire capitalism that has been the mainstream ideology of US economists, despite the fact that it has been proven time and time again (and again!) to not work.

social democrats and centrists, on the other hand, would prefer a mixture of a largely free-market capitalism and some form of government regulation. "intervention" they would qualify as something that resembles the present-day US economic stimulus infusion, resembling liberal socialism of Europe, something that trans-national corporations detests, second only to socialism.

leftists would prefer a largely regulated market-economy with the government playing major roles especially in social services and public utilities, resembling socialism, which so many are afraid of, because of its inherently slow growth potential, its being supposedly a breeding ground for authoritarianism, and the fact that nobody really trusts governments much.

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has the current mainstream capitalist ideology failed? of course. it resembles a patched-up plane that is forced to fly out again and again after it predictably crashes each and every time.

[Dorothea]

^in other words, we are getting closer and closer towards a One-World Government, where everyone and everything in every corner of the world are regulated.

[eax]

^in other words, we are getting closer and closer towards a One-World Government, where everyone and everything in every corner of the world are regulated.

New world order - Wikipedia, the free encyclopedia

[grovestreet]

one world government is inevitable.

[gareb]

^in other words, we are getting closer and closer towards a One-World Government, where everyone and everything in every corner of the world are regulated.

you are afraid of regulations? laws are regulations. a lawless society (if it can still be called a 'society') is without regulations.

and what neoliberals want is essentially an anarchistic society, free of regulations.

[Dorothea]

you are afraid of regulations? laws are regulations. a lawless society (if it can still be called a 'society') is without regulations.

and what neoliberals want is essentially an anarchistic society, free of regulations.

I am not afraid of regulations. I am afraid of excessive regulations that most probably will escalate towards absolute control of every human being. Some leaders in some countries, whether in the past or at the moment, have tried and are trying to exert control over others, as they think that absolute control is the only way to prevent anarchy. In their minds, they think that the only way to maintain order is for humans to become walking/talking robots who do everything programmed for them without an ounce of spontaneity and autonomy.

I am mostly afraid of being implanted with a chip, so the "governtment" can track and monitor my every move.